Topic: Faster transactions? (Read 946 times)
How do you work out when the next retarget is going to be?
I've heard predictions that as ASICs roll out the hash rate is going to double every 4-6 weeks for the next two years. If that hold up the block times are going to be consistently short for a while.
Actually, there is an upgrade going on: the GPU-> ASIC transition.
The network hash rate is increasing so fast that the next difficulty adjustment is going to be huge.
So blocks are coming about 23% faster now. (or 40% faster, depending how you count.)
The increase has got to level out eventually, but there is supposed to be a lot of hardware arriving in the fall.
The network hash rate is increasing so fast that the next difficulty adjustment is going to be huge.
Code:
;;diffchange Estimated percent change in difficulty this period | 23.33054 % based on data since last change | 39.67409 % based on data for last three days
So blocks are coming about 23% faster now. (or 40% faster, depending how you count.)
The increase has got to level out eventually, but there is supposed to be a lot of hardware arriving in the fall.
Did I miss something lately?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
No you are just getting lucky, and probably catching it right before a miner mines the block.
Oh nice. Cheers for the info.
Did I miss something lately?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
No you are just getting lucky, and probably catching it right before a miner mines the block.
Did I miss something lately?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
All of my transactions the last few days have been extremely fast. I send an amount and it's nearly an instant confirmation. I was wondering if there was some recent upgrade in the blockchain or something that is speeding things up?
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